Asia Stocks Gains With Dollar, Sterling Hit By Brexit Woes - Dollar Advisory & Financial Services

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Wednesday 29 March 2017

Asia Stocks Gains With Dollar, Sterling Hit By Brexit Woes

Asian shares inched ahead on Wednesday while the dollar and commodities rallied as investors shook off disappointment about US President Donald Trump's failed healthcare bill and focussed on an improving outlook for global growth.

The cheerful mood did not extend to the pound which was on the skids as the British government sent a letter to Brussels formally starting the country's exit from the European Union.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent and back toward recent 21-month peaks. Australia's main index climbed 0.6 percent to its highest since mid-2015.

Japan's Nikkei added 0.1 percent, having climbed over 1 percent the previous day.


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